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Commerce and Economy

Sunrise Bank inks Bancassurance agreement

By Our Reporter Sunrise Bank Ltd has signed Bancassurance agreement with the Asian Life Insurance Company Ltd aiming providing all kind of insurance facility to its clients from the 104 branches of the Bank in all over the country. Now onward, the Bank can sell the Insurance Company’s life insurance …

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 NMB Bank’s Heritage Walk for heritage sites preservation

Kathmandu, 28 April: NMB Bank organized the ‘8th NMB Bank Heritage Walk 2019’ on the occasion of World Heritage Day. The Bank has been working to create awareness on preservation of rich heritage sites over the years. First initiated on the occasion of its 16th anniversary, the Bank has been …

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Machhapuchre Bank launches “one person, one account” scheme

By Our Reporter In response to the government’s “Open Bank Account Campaign”, the Machhapuchre Bank Ltd. has launched “One Person, One Account” scheme. If any person, who doesn’t have bank account in any of the banks, can easily open account at any of the branches of the Bank. Under this …

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NMB Bank announces bumper New Year offering

By Our Reporter NMB Bank has announced the launch of a bumper product offering – NMB Sabaiko Sahara Bachat Khata’ in line with the government’s campaign ‘Lets Open Bank Account’, which has been initiated to increase financial access and inclusion of the unbanked population in the country whereby ushering a …

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NMB Bank and NBI sign MoU to promote financial literacy via NBI App

By Our Reporter On 25th March, National Banking Institute Ltd. (NBI) and NMB Bank Limited (NMB) signed a MoU whereby the two institutions would promote Financial Literacy Program to reach out to the larger masses through the Bank’s network spread across the country and NBI App, a recently developed Financial …

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Sunrise Bank and Sikhar Insurance ink Bancassurance accord

By Our Reporter Sunrise Bank Ltd. has signed Bancassurance agreement with Shikhar Insurance Co. Limited. Bank’s CEO Ratnaraj Bajracharya and Insurance Company’s CEO Dipprakash Pandey signed the agreement amidst a function last week. After the agreement, the Bank’s clients will receive all insurance related services and also kind of claims …

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Beijing will continue to fight against Dalai Lama’s separatist goals

By Xiong Kunxin In an open-door discussion by the Tibetan delegation to the 13th National People’s Congress, Communist Party of China (CPC) chief of Tibet Autonomous Region Wu Yingjie came down heavily on the Dalai Lama. According to Hong Kong-based English daily South China Morning Post, Wu said, “The Tibetan …

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Khalti launches QR-Code based ticketing facility

By Our Reporter Khalti, an emerging digital payment service provider in Nepal, has launched QR-code based event ticketing facility on its platform. Now, users can buy paperless event tickets from Khalti’s mobile app and website and make cashless payments. Khalti has introduced a dedicated ‘Event’ section on its app and …

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Everest Bank duping customers

By Our Reporter As Nepal is suffering from lack of adequate investment in manufacturing and employment generation sector, Everest Bank Limited, a joint venture partner of Punjab National Bank of India is found to be duping customers charging them with high interest rates. The general depositors are never paid attention …

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